Q3 EPS Estimates for FirstEnergy Decreased by Zacks Research

FirstEnergy Corp. (NYSE:FE - Free Report) - Equities researchers at Zacks Research lowered their Q3 2025 earnings per share estimates for shares of FirstEnergy in a research report issued on Tuesday, January 7th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $0.86 per share for the quarter, down from their prior estimate of $0.87. The consensus estimate for FirstEnergy's current full-year earnings is $2.68 per share.

FirstEnergy (NYSE:FE - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The utilities provider reported $0.85 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.05). FirstEnergy had a net margin of 6.64% and a return on equity of 11.38%. The business had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.96 billion. During the same quarter last year, the business earned $0.88 EPS. FirstEnergy's revenue for the quarter was up 6.9% compared to the same quarter last year.

Several other research firms also recently commented on FE. KeyCorp reduced their price objective on FirstEnergy from $48.00 to $47.00 and set an "overweight" rating on the stock in a report on Wednesday, December 4th. JPMorgan Chase & Co. lifted their price objective on FirstEnergy from $45.00 to $46.00 and gave the company a "neutral" rating in a report on Friday, October 18th. Jefferies Financial Group began coverage on shares of FirstEnergy in a research note on Monday, October 14th. They issued a "hold" rating and a $46.00 price objective for the company. Argus upgraded shares of FirstEnergy from a "hold" rating to a "buy" rating and set a $50.00 price target for the company in a report on Friday, September 20th. Finally, Morgan Stanley lowered their price target on shares of FirstEnergy from $52.00 to $50.00 and set an "overweight" rating for the company in a research report on Friday, November 22nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $46.27.

FirstEnergy Trading Up 1.3 %

Shares of FirstEnergy stock traded up $0.50 on Thursday, reaching $39.81. The company had a trading volume of 2,548,256 shares, compared to its average volume of 2,297,211. The firm has a market cap of $22.94 billion, a price-to-earnings ratio of 25.68, a P/E/G ratio of 2.18 and a beta of 0.52. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.56 and a quick ratio of 0.46. The firm's 50-day moving average price is $40.80 and its two-hundred day moving average price is $41.70. FirstEnergy has a 1 year low of $35.41 and a 1 year high of $44.97.

Hedge Funds Weigh In On FirstEnergy

Several hedge funds have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of FirstEnergy by 7.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,346,263 shares of the utilities provider's stock worth $104,057,000 after purchasing an additional 171,955 shares during the last quarter. DRW Securities LLC acquired a new position in FirstEnergy in the third quarter valued at approximately $1,154,000. Public Sector Pension Investment Board boosted its position in FirstEnergy by 52.7% in the 2nd quarter. Public Sector Pension Investment Board now owns 87,811 shares of the utilities provider's stock worth $3,361,000 after purchasing an additional 30,309 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of FirstEnergy during the 2nd quarter worth approximately $596,000. Finally, Nomura Asset Management Co. Ltd. increased its holdings in shares of FirstEnergy by 16.8% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 186,406 shares of the utilities provider's stock valued at $8,267,000 after purchasing an additional 26,874 shares in the last quarter. Institutional investors and hedge funds own 89.41% of the company's stock.

FirstEnergy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Friday, February 7th will be paid a dividend of $0.425 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.70 annualized dividend and a yield of 4.27%. FirstEnergy's dividend payout ratio (DPR) is 109.68%.

About FirstEnergy

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities.